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Finance Dictionary and Glossary of Investment Terms
A trade on the exchange floor of a block of shares representing many buy and sell orders which have been pooled and executed as a single transaction.
A trade made on the floor of a securities exchange, where a large block of shares traded actually represent many buy and sell orders that have been pooled and executed as one transaction.
A sale on an exchange floor of a large block of stock in a single transaction. A broker bunches a large number of buy orders and sells the block all at once. The broker receives a special commission from the seller.